NTDC Transmission System Connected to HVDC First time in Pakistan

National Transmission and Despatch Company (NTDC) has connected High Voltage Direct Current (HVDC) system with High Voltage Alternating Current (HVAC) system first time in Pakistan. The NTDC spokesman said that for the purpose, about three kilometer long 500 kV AC Transmission Line i.e 500 kV Double Circuit Transmission Line on quad-bundled Drake conductor, for looping In/Out of second circuit of…

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MoF agrees to convert over Rs800bn PHPL debt into public debt

Ministry of Finance has reportedly agreed to convert PHPL debt of over Rs 800 billion into public debt with bi-annual review of power sector performance as per an agreement with the World Bank, well-informed sources in Finance Division told Business Recorder. The ECC recently approved a proposal of Power Division for conversion of Rs 136.5 billion PHPL loan into public debt. The…

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Is EIA Data Disguising A Disastrous Decline In U.S. Shale?

The Trump administration claims that the U.S. is “transitioning to greatness,” and that energy companies are going to see “massive gains.” U.S. Secretary of Energy Dan Brouillette says there is “stability” in the oil mar Meanwhile, back in reality, U.S. oil production continues to decline as drillers shut in wells and cut back spending. Output has already declined by 1.1…

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